23
Sep
11

Elizabeth Warren, and that “Social Contract”

Sheldon Richman points out in The Freeman today that Elizabeth Warren, late of presidential advising, and snubbed for a prime sinecure is running for Senate from Massachussetts. Her ads mar all my Facebook pages, and as Sheldon points out, her entire schtick is that rich corporations benefitted from taxpayer largesse, so they should pay more, a lot more. Left out of this equation are the other 100 – 200 million taxpayers, and what THEY would rather have done with the money. But that’s life in the Left Lane, isn’t it? Full of sleight-of-hand and rhetorical tricks.

I commute in southern New Jersey on either I-295 (taxpayer-paid) or the New Jersey Turnpike (user-fee paid with some taxpayer subsidy) – they run roughly parallel along this stretch, so they “compete” for users. Because the NJTPK is tolled, while I-295 is not, you would think that a business using this route, say Bolt Bus or one of the Chinatown buses would use I-295 exclusively. In fact, while there is some of both, most of them appear to prefer the Turnpike. Why is that so? After all, they are already paying corporate tax, payroll tax, fuel tax, and apportioned highway taxes, but on TOP of that, to use the Turnpike, they ALSO have to pay a (presumably significant) TOLL. Why, exactly, IS that?


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